First Thing, Daily Maverick's flagship newsletter

Join the 230 000 South Africans who read First Thing newsletter.

We write for you

It’s a public service and we refuse to erect a paywall and force you to pay for truth. Instead, we ask (nicely and often) that those of you who can afford to, become a Maverick Insider and help with whatever you can. In order for truth not to become a thing of the past, we need to keep going.

Currently, 18,000 (or less than 0.3%) of our brave and generous readers are members; which says a lot about their characters and commitment to our country. These people are paying for a free service in order to keep it free for everyone.

They are the true South AfriCANs.(Sorry, we couldn’t help ourselves.)

Support Daily Maverick→
Payment options

Liverpool may soon be owned by the Chinese government

Defend Truth

Liverpool may soon be owned by the Chinese government

George Gillet and Tom Hicks want to unload their shares in Liverpool FC, and a little-known Chinese entrepreneur has emerged as a frontrunner in the race to snap up the shares. Kenny Huang has yet to make a formal offer, but expressed interest in the club earlier this week. It has now emerged that Huang is fronting a bid by the China Investment Corporation, the overseas investment arm of the Chinese government. Any new buyer must be cleared by the Premier League, and Premier League CEO Richard Scudamore foresees no problem should the CIC win the takeover bid. It wouldn't be the first time that a top-flight team in the Premier League was owned by a foreign state. Manchester City was sold in 2008 to Sheikh Mansour of Abu Dhabi. Read more: The Telegraph, Sky Sports and Goal.com

0

Gallery

Please peer review 3 community comments before your comment can be posted